Is there any down payment assistance programs available to help buyers in the Palatine area?
Answers (2)
I think the most easiest program to get information on if the FHA financing. Not only do they offer a low interest rate, 95% financing but will also provide the buyer with down payment financing. If you need to talk with a lender I can refer you someone in the Palatine area who can give you the details.
Visit me at http://www.exclusivelypalatine.com
FIRST ANSWER
There is a loan program that essentially allows the buyer to borrow against their future first time home buyer credit, allowing them to use for their downpayment. I can refer you to a lender that can give you further details.
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